Quad/Graphics, Inc. (NYSE:QUAD) was the target of a significant decline in short interest during the month of June. As of June 30th, there was short interest totalling 3,150,000 shares, a decline of 18.4% from the June 15th total of 3,860,000 shares. Based on an average trading volume of 450,500 shares, the short-interest ratio is currently 7.0 days. Currently, 9.7% of the company’s stock are sold short.

Several hedge funds have recently modified their holdings of the company. First Trust Advisors LP grew its stake in shares of Quad/Graphics by 2.3% during the first quarter. First Trust Advisors LP now owns 55,889 shares of the business services provider’s stock worth $665,000 after acquiring an additional 1,280 shares during the last quarter. Swiss National Bank boosted its position in Quad/Graphics by 8.1% in the fourth quarter. Swiss National Bank now owns 63,900 shares of the business services provider’s stock valued at $298,000 after buying an additional 4,800 shares during the last quarter. Citigroup Inc. boosted its position in Quad/Graphics by 71.4% in the fourth quarter. Citigroup Inc. now owns 11,842 shares of the business services provider’s stock valued at $55,000 after buying an additional 4,934 shares during the last quarter. Rhumbline Advisers boosted its position in Quad/Graphics by 15.2% in the first quarter. Rhumbline Advisers now owns 58,096 shares of the business services provider’s stock valued at $146,000 after buying an additional 7,654 shares during the last quarter. Finally, Credit Suisse AG boosted its position in Quad/Graphics by 37.0% in the fourth quarter. Credit Suisse AG now owns 28,421 shares of the business services provider’s stock valued at $132,000 after buying an additional 7,678 shares during the last quarter. Institutional investors and hedge funds own 43.00% of the company’s stock.

Shares of QUAD stock traded up $0.10 during trading hours on Tuesday, reaching $3.25. 183,800 shares of the company’s stock were exchanged, compared to its average volume of 474,360. Quad/Graphics has a 1 year low of $2.00 and a 1 year high of $12.12. The stock has a market cap of $169.38 million, a PE ratio of -1.11 and a beta of 1.83. The company has a current ratio of 1.24, a quick ratio of 0.98 and a debt-to-equity ratio of 6.15. The stock’s fifty day moving average price is $3.27 and its two-hundred day moving average price is $3.78.

Quad/Graphics (NYSE:QUAD) last issued its quarterly earnings results on Tuesday, May 5th. The business services provider reported $0.18 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.15) by $0.33. Quad/Graphics had a positive return on equity of 10.77% and a negative net margin of 3.81%. The business had revenue of $822.50 million for the quarter.

Quad/Graphics Company Profile

Quad/Graphics, Inc provides marketing solutions worldwide. The company operates through United States Print and Related Services, and International segments. It offers printing services, such as retail inserts, publications, catalogs, special interest publications, journals, direct mail, books, directories, in-store marketing and promotion, packaging, newspapers, custom print products, and other commercial and specialty printed products; and paper procurement services.

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